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In today’s digital world, cyber threats lurk around every corner like a cat waiting to pounce on an unsuspecting laser pointer. One of the most common and damaging forms of cybercrime is an account takeovers (ATO). Cybercriminals sneak in using stolen credentials, hijack accounts, impersonate users, and scam their contacts faster than you can say “password123” (which, by the way, should never be your password).
In today’s digital landscape, small businesses are prime targets for cyber threats, facing risks such as data breaches, ransomware attacks, and phishing scams. Unlike large corporations with dedicated IT security teams, small businesses often lack the resources to implement extensive cybersecurity measures. However, neglecting cybersecurity can have severe consequences, including financial losses, reputational damage, and legal ramifications. Business owners must proactively adopt security solutions to protect their data, employees, and customers from evolving cyber threats. After all, a cyberattack can turn a thriving business into a “404 Not Found” situation overnight!
Cybersecurity threats are no longer just a problem for large enterprises. Due to weaker security measures and valuable customer data, small businesses are now prime targets for cybercriminals. Think again if your business is too small to be on a hacker’s radar. Here are five cybersecurity threats that small business owners often overlook—and what you can do about them.